I find it hard to believe what I’m seeing, but I’m not going to deny reality.
The internal HIVE market reflects the drama we’re currently living through.
With a daily volume of barely $3,800, the selling pressure—as you can clearly see—just keeps mounting... even though we’re at the absolute bottom (or close to it)...
Believe me when I say that things weren’t like this a few weeks ago. Back then, the buying pressure below $0.05 was significantly stronger and more apparent.
Honestly, I haven’t seen anything like this in a long, long time.
Logically, as we approach "absolute zero," buyers should be stepping in—looking for a "bargain"—while sellers should be easing off...
None of that is happening. It’s clear that turning this situation around won’t be easy, especially considering that while BTC is holding up like a champ against all the market’s ups and downs, HIVE continues to slide further down the crypto rankings (we’re currently at position 732, drifting further away from our "rival" STEEM, which is holding steady 100 spots ahead of us). This effectively renders us invisible.
Even our Korean friends, who used to pump the price every now and then—much to our delight—don’t seem interested anymore...
It feels like many people have simply run out of patience, leaving behind only a few HODLERS and the usual "milkers."
I don’t know, Rick... It’s not looking good—not good at all...
@toofasteddie